Siebel is a brand name of Oracle Corporation. Siebel Systems, Inc., founded by Thomas Siebel, was principally engaged in the design, development, marketing and support of CRM applications. On September 12, 2005, it was announced that Oracle Corporation had agreed to buy Siebel Systems for $5.8 billion.
Thanks to the expanding global workforce, heightened competition and the continued need to cut costs and drive productivity, companies today are facing myriad new challenges. Web collaboration is increasingly becoming an indispensable tool in accelerating sales and marketing processes while simultaneously reducing costs.
